Fortis Inc. (FTS) to Distribute Quarterly Dividend of $0.67 on December 1st

Fortis Inc. (TSE:FTS) announced a quarterly dividend on Tuesday, November 17th. Investors of record on Tuesday, December 1st will be paid a dividend of $0.6650 per share on Tuesday, December 1st. This represents a $2.66 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Tuesday, November 17th. This is a 3.9% increase from Fortis’s previous quarterly dividend of $0.64.

Fortis Stock Performance

Fortis stock traded up C$0.66 during mid-day trading on Friday, reaching C$85.09. The company’s stock had a trading volume of 2,118,292 shares, compared to its average volume of 1,615,877. Fortis has a 12-month low of C$69.06 and a 12-month high of C$86.35. The company has a market capitalization of C$43.89 billion, a P/E ratio of 24.17, a PEG ratio of 3.01 and a beta of 0.49. The company has a debt-to-equity ratio of 146.51, a quick ratio of 0.36 and a current ratio of 0.69. The firm’s fifty day moving average price is C$78.42 and its two-hundred day moving average price is C$78.19.

Fortis (TSE:FTS) last posted its earnings results on Tuesday, November 3rd. The company reported C$0.92 earnings per share (EPS) for the quarter. Fortis had a return on equity of 7.57% and a net margin of 15.04%. The firm had revenue of C$3.12 billion for the quarter. Sell-side analysts predict that Fortis will post 3.34 EPS for the current fiscal year.

About Fortis

Fortis is a diversified leader in the North American regulated electric and gas utility industry with 2025 revenue of $12 billion and total assets of $79 billion as at June 30, 2026. The Corporation’s 9,900 employees serve utility customers in five Canadian provinces, ten U.S. states and the Cayman Islands.